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No Buyers can be Found for Luxury Homes in Barcelona

The most sought-after homes during the pandemic have been those costing between 500,000 euros and one million euros with an average price of €6,000/m² for homes in perfect condition.

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Buyers cannot be found for luxury homes costing more than 2 million euros in Barcelona, according to the real estate agency Barnes Barcelona, which specialises in this market segment.

According to the firm, the main reason is that overseas buyers are continuing to wait for a vaccine and the subsequent opening of international borders. As such, during the health crisis in recent months, the price of high-end housing in the Catalan capital has ranged between 500,000 euros and one million, with average prices of €6,000/m2 for homes in perfect condition.

Read the full article in Spanish.

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